{"id":621561,"date":"2025-01-26T12:49:13","date_gmt":"2025-01-26T12:49:13","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=621561"},"modified":"2025-01-26T12:49:13","modified_gmt":"2025-01-26T12:49:13","slug":"snek-price-prediction-is-snek-a-smart-investment-before-its-kraken-listing","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/snek-price-prediction-is-snek-a-smart-investment-before-its-kraken-listing","title":{"rendered":"Snek Price Prediction \u2013 Is $SNEK a Smart Investment Before Its Kraken Listing?"},"content":{"rendered":"

Exciting developments are underway as Snek is set to be listed on Kraken, a notable cryptocurrency exchange. While Kraken isn’t considered a tier-one exchange like Coinbase or Binance, this decision is a significant step forward for both Snek and the broader Cardano ecosystem.<\/p>\n

Kraken’s listing includes 23 coins, with $SNEK standing out alongside other unique tokens, showcasing the growing recognition of meme coins in the crypto world. This listing is not just a boost for Snek but also a vital move for Cardano’s ecosystem, which has been struggling with liquidity issues.<\/p>\n

The Cardano network has yet to see many of its tokens listed on major exchanges, forcing users to rely heavily on decentralized exchanges (DEXs). Snek’s availability on Kraken, especially with a potential USD trading pair, could provide the much-needed liquidity and attract more U.S.-based traders into the Cardano ecosystem.<\/p>\n

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$SNEK<\/a> will be lisssted on @krakenfx<\/a> pic.twitter.com\/ZOy7eXaFxq<\/a><\/p>\n

— Snek 🐍 (@snek) January 23, 2025<\/a><\/p><\/blockquote>\n